MAINVAULT
ActiveSummary
MAINVAULT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23.5m and a net result of €242,598. Its solvency ranks better than 95% of 50 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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History
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Financials · fiscal year 2025, full schema
Peer companies
Historical observationOf the 695 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Large
- solvency 30% or more
- a profit under 5% of the balance sheet
- without age
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Turnover70 | €7.6m |
| Non-recurring operating income76A | €62 |
| Goods, raw materials, services and sundry goods60/61 | €5.1m |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.2m |
| Other operating charges640/8 | €1.5m |
| Non-recurring operating charges66A | €2,012 |
| Gross operating margin9900 | €3.0m |
| Operating profit (loss)9901 | €242,916 |
| Financial charges65/66B | €318 |
| Recurring financial charges65 | €318 |
| Profit (loss) for the period before taxes9903 | €242,598 |
| Profit (loss) for the period9904 | €242,598 |
| Profit (loss) for the period to be appropriated9905 | €242,598 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €25.2m | |
| Formation expenses20 | €18,217 | |
| Fixed assets21/28 | €19.8m | |
| Intangible fixed assets21 | €0 | |
| Tangible fixed assets22/27 | €19.8m | |
| Land and buildings22 | €6.0m | |
| Plant, machinery and equipment23 | €13.6m | |
| Furniture and vehicles24 | €2,655 | |
| Assets under construction and advance payments27 | €234,335 | |
| Current assets29/58 | €5.5m | |
| Amounts receivable within one year40/41 | €1.7m | |
| Trade receivables40 | €1.2m | |
| Other amounts receivable41 | €501,532 | |
| Cash at bank and in hand54/58 | €3.7m | |
| Deferred charges and accrued income490/1 | €6,363 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €25.2m | |
| Equity10/15 | €23.5m | |
| Contributions10/11 | €23.2m | |
| Reserves13 | €242,598 | |
| Distributable reserves133 | €242,598 | |
| Amounts payable17/49 | €1.7m | |
| Amounts payable within one year42/48 | €1.7m | |
| Trade debts44 | €1.7m | |
| Suppliers440/4 | €1.7m | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €242,598 |
| + Depreciation and write-downs630 | €1.2m |
| Operating cash flow (approximation) | €1.5m |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
28-07
State Gazette act
Appointment: Baker Tilly Belgium (commissaire réviseur)1 fact ▸
- Auditor appointment, Baker Tilly Belgium (commissaire réviseur)
28-07
State Gazette act
Appointment: Jan FOULON (chair of the board)1 fact ▸
- Director appointment, Jan FOULON (chair of the board)
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 1
Statutory auditor 1
Not every act has been read: a resignation may be missing here
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63079A0698/00X005 | Wallonia | 6,431 m² | 1 · 1,253 m² | 19.6 m · 5 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Jan FOULON |
|
| Baker Tilly Belgium |
|
Articles of association
Structure & network
Owners and holdings
2 ownersOwners 2
- Sourceaccounts Farys 202550%
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.